Vedanta Power shares fell over 3% on Thursday, slipping below their listing price after debuting earlier this week following the Vedanta demerger. Analysts said the stock remains the most defensive among the four newly listed entities, supported by regulated returns, while advising investors to focus on business quality, sector cycles and execution outlook.
Extended summer may lift AC sales, but growth likely to fall short of expectations: Praveen Sahay
India’s room air conditioner market anticipates a boost from an extended summer and El Niño, though growth is tempered by conservative dealer inventory stocking. While